Lukas Walton

Last updated

Lukas Walton
Born (1986-09-19) September 19, 1986 (age 38)
San Diego, California, U.S.
Education Journeys School
Alma mater Colorado College
OccupationHeir
SpouseSamantha Walton
Parent(s) John T. Walton
Christy Walton
Relatives Sam Walton (grandfather)
Helen Walton (grandmother)

Lukas Tyler Walton (born September 19, 1986) is an American billionaire heir. He is the grandson of Sam Walton, the founder of Walmart.

Contents

Early life and career

Lukas Walton is the only child of John T. Walton (1946–2005) and his wife Christy Walton. He grew up in National City, California, and Jackson Hole, Wyoming. [1] His father, John T. Walton, died in a plane crash in 2005. Following his father's death, he moved with his mother to Jackson, Wyoming. [2]

When he was three years old, Walton was diagnosed with a rare kidney cancer, and his mother attributed his recovery to a plant-based remedy from her garden. [3]

He has a bachelor's degree in environmentally sustainable business from Colorado College, where he graduated in 2010. [1] [4]

He went on to work at True North Venture Partners. [5]

Philanthropy

He is the environment program committee chair for the Walton Family Foundation. [2]

Politics

In 2020, Walton gave $5,600 to the Biden campaign and $142,000 to the Democratic National Committee. [6]

Personal life

Walton lives in Jackson, Wyoming [7] and Chicago. [8] He is married to Samantha Walton, [9] [10] [11] who is listed as the co-president with Lukas Walton in the Builders Initiative, which is a Walton family foundation. [12]

In 2022, Walton was ranked 106th in the Forbes annual list of the world's billionaires with a net worth of $16.5 billion. [13] In 2024, Forbes estimated his net worth at $28 billion, ranking him as the 60th-richest person in the world as well as the richest person in the state of Illinois, [7] [14] which he had previously been in 2020 [8] and 2023. [15]

Related Research Articles

<span class="mw-page-title-main">Sam Walton</span> American business magnate (1918–1992)

Samuel Moore Walton was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas, and Midwest City, Oklahoma, in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. For a period of time, Walton was the richest person in the United States. His family has remained the richest family in the U.S. for several consecutive years, with a net worth of around $240.6 billion US as of January 2022. In 1992 at the age of 74, Walton died of blood cancer and was laid to rest at the Bentonville Cemetery in his longtime home of Bentonville, Arkansas.

<span class="mw-page-title-main">Billionaire</span> Person who has at least one billion units of a currency

A billionaire is a person with a net worth of at least one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.

<span class="mw-page-title-main">Helen Walton</span> American philanthropist and prominent arts advocate (1919-2007)

Helen Robson Walton (December 3, 1919 – April 19, 2007) was an American philanthropist and prominent arts advocate, dedicated to being a grandmother and to her community in Bentonville, Arkansas where she instituted a committee for a national museum of arts. After 31 years of activity, the Arkansas Committee on the National Museum for Women in the Arts is the longest standing committee in the state. She was also the wife of Walmart and Sam's Club founder Sam Walton. At one point in her life, she was the richest American and the eleventh-richest woman in the world.

<span class="mw-page-title-main">S. Robson Walton</span> American billionaire (born 1944)

Samuel Robson "Rob" Walton is an American billionaire heir to the fortune of Walmart, the world's largest retailer. He is the eldest son of Helen Walton and Sam Walton, and was chairman of Walmart from 1992 to 2015. As of November 2023, Walton had an estimated net worth of US$72 billion, making him the 16th richest person in the world. He is also the principal owner of the Denver Broncos.

<span class="mw-page-title-main">Alice Walton</span> American heiress to the fortune of Wal-Mart Stores, Inc.

Alice Louise Walton is an American heiress to the fortune of Walmart as daughter of founder Sam Walton. In September 2016, she owned over $11 billion in Walmart shares. As of November 2023, Walton has a net worth of $71 billion, making her the 17th richest person and the second-richest woman in the world according to Bloomberg Billionaires Index, after Françoise Bettencourt Meyers.

<span class="mw-page-title-main">Jim Walton</span> American businessman

James Carr Walton is an American businessman, currently an heir to the fortune of Walmart, the world's largest retailer. As of August 2024, Walton was the 15th-richest person in the world, with a net worth of US$92.5 billion according to Forbes. He is the youngest son of Sam Walton.

John Thomas Walton was an American war veteran and a son of Walmart founder Sam Walton. He was also the chairman of True North Venture Partners, a venture capital firm. Walton cofounded the Children's Scholarship Fund, providing tuition scholarships for disadvantaged youth.

Nancy Walton Laurie is an American billionaire, as an heir to the Walmart fortune.

Joseph Safra was a Swiss-based Lebanese Brazilian banker and billionaire businessman of Syrian descent. He was Brazil's richest man and the richest banker in the world, running the Brazilian banking and investment empire, Safra Group.

Christy Ruth Walton is the widow of John T. Walton, who was one of the sons of the Walmart founder Sam Walton.

<span class="mw-page-title-main">Kenneth C. Griffin</span> American billionaire hedge fund manager (born 1968)

Kenneth Cordele Griffin is an American hedge fund manager, entrepreneur and investor. He is the founder, chief executive officer, co-chief investment officer, and 80% owner of Citadel LLC, a multinational hedge fund. He also owns Citadel Securities, one of the largest market makers in the United States.

<span class="mw-page-title-main">Walton family</span> Family descended from the founders of Walmart

The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the United States.

<span class="mw-page-title-main">Dan Gilbert</span> American businessman (born 1962)

Daniel Gilbert is an American billionaire, businessman, and philanthropist. He is the co-founder and majority owner of Rocket Mortgage, founder of Rock Ventures, and owner of the National Basketball Association's Cleveland Cavaliers. Gilbert owns several sports franchises, including the American Hockey League's Cleveland Monsters, and the NBA G League's Cleveland Charge. He operates the Rocket Mortgage FieldHouse in Cleveland, Ohio, home to the Cavaliers and Monsters. As of January 2023, Forbes estimated his net worth at US$18.3 billion.

<span class="mw-page-title-main">Hansjörg Wyss</span> Swiss businessman and Democratic megadonor

Johann Georg "Hansjörg" Wyss is a Swiss billionaire businessman and donor to politically liberal and environmental causes in the United States. He is the founder and former president and chairman of Synthes, a medical device manufacturer. His Wyss Foundation has more than $2 billion in assets.

<span class="mw-page-title-main">Forrest Mars Jr.</span> American businessman (1931–2016)

Forrest Edward Mars Jr. was an American heir and businessman. He was the eldest son of Audrey Ruth (Meyer) and Forrest Mars Sr., and the grandson of Frank C. Mars, the founder of Mars, Incorporated. He served as Co-President of the confectionery company from 1975 to 1999.

<span class="mw-page-title-main">Shahid Khan</span> American businessman (born 1950)

Shahid Rafiq "Shad" Khan is a Pakistani-American billionaire businessman and sports tycoon. Khan is the owner of the Jacksonville Jaguars of the National Football League (NFL) and Fulham F.C. of the Premier League, and co-owner of the American professional wrestling promotion All Elite Wrestling (AEW), along with his son, Tony Khan. He is also the owner of Flex-N-Gate, an American supplier of motor vehicle components.

<span class="mw-page-title-main">Leonid Mikhelson</span> Russian billionaire businessman

Leonid Viktorovich Mikhelson is a Russian-Israeli billionaire businessman, CEO, chairman and major shareholder of the Russian gas company Novatek.

Françoise Bettencourt Meyers is a French businesswoman, philanthropist, writer, billionaire heiress, and the richest woman in the world, with an estimated net worth of US$71.1billion as of November 2024, according to Forbes. She is the only child and heir of Liliane Bettencourt, and the granddaughter of Eugène Schueller, founder of L'Oréal. Her mother died in September 2017, after which her fortune tripled with her investments through her family holding company, Téthys Invest, and the high valuation of L'Oréal shares on the stock exchange.

<i>The Worlds Billionaires</i> Annual ranking of the worlds billionaires by Forbes magazine

The World's Billionaires is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.

References

  1. 1 2 Levitz, Eric (November 6, 2015). "Meet the 29-Year-Old Who Was, Until Today, a Secret Megabillionaire". NYmag. Archived from the original on June 17, 2018. Retrieved November 7, 2015.
  2. 1 2 "Meet Lukas Walton, the fiercely private heir to the Walmart empire who has donated millions from his fortune to find solutions to environmental problems". Business Insider. February 20, 2020. Archived from the original on November 10, 2020. Retrieved November 10, 2020.
  3. ↑ Kimball, Ryder. "Meet Lukas Walton, the fiercely private heir to the Walmart empire who has donated millions from his fortune to find solutions to environmental problems". Business Insider. Archived from the original on February 29, 2020. Retrieved May 13, 2020.
  4. ↑ De Jong, David (November 6, 2015). "A Wal-Mart Heir Is $27 Billion Poorer Than Everyone Thought". Bloomberg L.P. Archived from the original on March 5, 2019. Retrieved November 7, 2015.
  5. ↑ "Meet the 29-Year-Old Who Was, Until Today, a Secret Megabillionaire". New York Magazine. November 6, 2015. Archived from the original on June 17, 2018. Retrieved November 10, 2020.
  6. ↑ "Data shows some Walton giving leans to left". Northwest Arkansas Democrat Gazette. October 18, 2020. Archived from the original on November 16, 2020. Retrieved November 10, 2020.
  7. 1 2 "Lukas Walton". Forbes . Archived from the original on April 21, 2019. Retrieved February 16, 2019.
  8. 1 2 Strahler, Steven R (September 11, 2020). "Turns out the richest Illinoisan is not Ken Griffin". Crain's Chicago Business. Archived from the original on October 17, 2020. Retrieved September 12, 2020.
  9. ↑ "Find out why philanthropist Lukas Walton is a #Crains40Under40". Crain's Chicago Business. November 5, 2020. Archived from the original on March 7, 2021. Retrieved March 19, 2021.
  10. ↑ "Turns out the richest Illinoisan is not Ken Griffin". Crain's Chicago Business. September 11, 2020. Archived from the original on October 17, 2020. Retrieved September 12, 2020.
  11. ↑ "Return of private foundation" (PDF). foundationcenter.org. Archived (PDF) from the original on April 15, 2021. Retrieved September 8, 2023.
  12. ↑ "Return of private foundation" (PDF). foundationcenter.org. Archived (PDF) from the original on June 10, 2021. Retrieved September 8, 2023.
  13. ↑ "Forbes World's Billionaires List: The Richest in 2022". Forbes. Archived from the original on May 1, 2022. Retrieved November 26, 2024.
  14. ↑ Grosser, Annika (May 23, 2024). "The Richest Billionaire In Every State 2024". Forbes . Retrieved November 26, 2024.
  15. ↑ "These are the richest people in Illinois, according to Forbes". NBC 5 Chicago. October 5, 2023. Retrieved November 26, 2024.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.